Diesel Price In Dehradun Today

Daily Diesel Rates
Date Diesel ( / liter)
17 Dec 2018 ₹ 64.01
16 Dec 2018 ₹ 64.09
15 Dec 2018 ₹ 64.09
14 Dec 2018 ₹ 64.09
13 Dec 2018 ₹ 64.17
12 Dec 2018 ₹ 64.17
11 Dec 2018 ₹ 64.17
10 Dec 2018 ₹ 64.35
09 Dec 2018 ₹ 64.97
08 Dec 2018 ₹ 64.97

Petrol Price in Dehradun

Dehradun is currently the provisional capital of Uttarakhand. National Institutes and Organisations such as Oil and Natural Gas Corporation Limited (ONGC) and the Indian Institute of Petroleum are situated in the city of Dehradun. The city is also home to the Indian Military Academy and other premier educational and training institutes.

Situated between the river Ganges and Yamuna, Dehradun is popular for its scenic landscape attracting tourists from across the country. The city’s transportation system is well aided by State-run buses as well as private taxis and auto rickshaws. Two-wheelers and four-wheelers add to the vehicular density to the city.

With an increase in the vehicular population, petrol consumption is on the rise in the city. Petrol prices are revised daily in Dehradun similar to other cities in the country. Why are petrol prices revised daily? What are main aspects of pricing of petrol? Why does petrol prices increase? Given below is an analysis that offers insight into these questions which influence the petrol price in a city like Dehradun.

How are Petrol Prices in Dehradun Assessed?

The Retail Selling Price (RSP) of petrol in Dehradun includes the global crude oil price, freight charges, the refinery transfer price (RTP), dealer commission, the central government’s excise duty, and the Value Added Tax (VAT) levied by the state government.

The price of crude oil is the price incurred by State-owned oil marketing companies (OMCs) by purchasing it from oil-producing countries. Currently, the cost for a barrel of crude oil, which holds 159 litres, costs $66.96. The price of a litre of crude oil is added to the price breakup of petrol. Apart from the cost of the crude oil, the refinery cost is also incurred by OMCs. The dealer commission levied by fuel station owners may vary within a city.

What Factors Influence Petrol Prices in Dehradun?

Petrol prices in India fluctuate daily due to several factors which are external and internal in characteristics. While the crude oil rate and the US dollar exchange rate are external in nature, taxes and other operational costs form internal factors. Let’s review each of the factors in detail to understand what increases or decreases the petrol price in Dehradun.

  • External Factors: Crude oil is purchased in barrels from oil-producing countries. Any shortage in production or supply, higher demand or geopolitical tensions increases the price of crude oil in the international market, while an increase in production or supply leads to a decrease in the crude oil rate. Since crude oil rates are dynamic in nature, petrol prices are revised accordingly. Trading of crude oil in the international market happens in US dollars. Any fluctuations in the dollar value impact the cost to purchase the crude oil. Therefore, any appreciation or depreciation in the US dollar value affects the petrol price.
  • Internal Factors: The petrol price breakup includes taxes levied by the Centre and the respective State where petrol is sold. The central government levies Rs.19.48 per litre as excise duty, while the state of Uttarakhand charges VAT at 29%. Taxes form the biggest components in the breakup of the petrol price in India. The crude oil is purchased and refined at the refinery by OMCs such as Indian Oil, Bharat Petroleum and Hindustan Petroleum. The OMCs add their profit margin, overhead expenses and dealer commission before petrol is sold at the RSP. Any changes to tax rates, profit margins or dealer commission leads to a revision in the petrol price in Dehradun and in other cities across the country.

How Often are Petrol Prices Revised in Dehradun?

Until 16 June 2017, petrol prices in Dehradun and across other cities in India were revised on a fortnightly basis taking into account the fortnight average price of the global crude oil and the US dollar exchange rate. However, this didn’t let OMCs revise the petrol price in case there was a sudden spike in the crude oil price. To offset any losses incurred by the oil companies, the ‘dynamic fuel pricing’ mechanism was introduced.

Under the new pricing mechanism, petrol rates are revised daily based on the previous day’s crude oil price and the dollar exchange value. Petrol rates are updated daily at 6:00 a.m. IST. The daily revision in fuel prices has been implemented to pass the changes in the global crude oil price to the end consumer.

Methods to Track the Current Petrol Price in Dehradun

With petrol prices revised on a daily basis, there are several methods to track the latest petrol price in a city. Customers can track the petrol price through mobile apps, SMS or via OMCs’ respective website.

  • Mobile Apps: Oil companies have launched mobile apps to find out the current petrol rate in a city. The ‘Fuel@IOC’ app by Indian oil, the ‘SmartDrive’ app by Bharat Petroleum, while the ‘My HPCL’ app by Hindustan Petroleum offers the current petrol price in Dehradun.
  • SMS: For those looking to make use of the SMS service, customers can send SMS in the below format to track the respective city’s current petrol price.
    • IOC: Type RSPDealer Code and send SMS to 9224992249.
    • BPCL: Type RSPDealer Code and send SMS to 9223112222.
    • HPCL: Type HPPRICEDealer code and send SMS to 9222201122.
  • Online Portal: OMCs update their respective website with the latest petrol price in cities across the country.

Petrol Vs. Diesel Price in Dehradun

Petrol rates are higher compared to diesel prices in India. This is due to higher taxes and the extensive use of diesel by commercial and public transportation system - which aid the economy of the country. While petrol attracts excise duty of Rs.19.48 per litre, diesel is levied Rs.15.33 a litre. Also, the VAT charged by Uttarakhand on petrol is 29% while of diesel is 16.94%.

The average petrol prices in the month of April in Dehradun stood at Rs.76 per litre and the average diesel rate stood at Rs.65.65 a litre with an average difference of Rs.10.35 a litre.

Effect of GST on Petrol in Dehradun

While petrol is charged with excise duty and VAT in Dehradun, the new Goods and Service Tax (GST) is not applicable to the fuel. Since the current tax rate is higher compared to the highest tax slab in the GST, the revenue generated by the government will be impacted. However, if petrol comes under the GST, the final price at which the end consumer pays will reduce significantly.

*Disclaimer: BankBazaar makes no guarantee or warranty on the accuracy of the data provided on this page, the prevailing prices are susceptible to change and provided on an as-is basis. We accept no liability for any loss arising from the use of the data contained on this website.

News About Diesel Price In Dehradun Today

  • BKU says that fuel rates are harming the agriculturists in the state

    Farmers from the state of Punjab shall hold protest in all district places to exhibit their anger over expensive diesel and petrol on 17 December 2018. Ajmer Singh Lakhowal, who was invited as a chairperson of a state committee meeting held recently, said that the prices of diesel and petrol have been higher and people are expressing anger over this issue. He urges the Centre to bring diesel and petrol under the regime of the Goods and Services Tax (GST).

    The Chief of BKU further said that if the sugarcane arrears do not get paid over the next fifteen days, the government is expected to face a big distress. He also urged the state to make privately-owned sugar mills active and determine the rate of sugarcane per quintal at Rs.350.

    12 December 2018

  • Diesel Rates Rell for 4 Weeks in a Row

    Diesel prices have further been decreased by the Oil Marketing Companies on the backdrop of falling unrefined oil rates throughout the year. Fuel rates produced a continuous deep over the last four weeks. Diesel rate increased by 12 paise per litre at Rs.72.19 a litre. In the financial capital also, diesel price was up by 12 paise per litre at Rs.75.64 per litre.

    As of 13 November 2018, diesel price stood at Rs.72.46 per litre in the capital city of India, Rs.75.92 per litre in the financial capital of India, Rs.74.28 per litre in the capital city of West Bengal, Rs.72.74 per litre in the capital city of Karnataka, Rs.76.43 per litre in the capital city of Tamil Nadu and Rs.75.57 per litre in the capital city of Gujarat. Since post mid-October, fuel prices have remained unchanged or have fallen.

    14 November 2018

  • Fuel Prices Hiked Further As Crude Oil Price Increases

    Fuel prices were increased marginally on Tuesday by State-run oil companies as crude oil price soared to a new high. Petrol prices were hiked by 14 paise per litre, diesel has been increased by 10-11 paise. Petrol costs Rs.82.86 per litre in Delhi, Rs.90.22 in Mumbai, Rs.84.68 in Kolkata and Rs.86.13 in Chennai. Diesel was being sold at Rs.74.12 per litre in Delhi, Rs.78.69 in Mumbai, Rs.75.97 in Kolkata and Rs.78.36 in Chennai. The hike in the petrol price today marks the sixth consecutive increase and second in diesel in the country. The global benchmark, Brent Crude rose to touch $82.20 per barrel on Tuesday, the highest since 2014. The rupee fell to its lowest against the U.S. dollar to stand at 72.69 today. The rise in the crude oil price coupled with the fall the rate of rupee has led to the incline in fuel prices in the country. Petrol and diesel prices are revised on a daily basis which includes the crude oil price and the exchange rate of the rupee over the U.S. dollar.

    1 October 2018

  • Check Diesel Prices in Metro Cities

    Oil marketing companies such as Indian Oil, Hindustan Petroleum and Bharat Petroleum kept the diesel price unchanged on Wednesday. Over the last ten days, fuel prices were hiked across the country. Today’s diesel price is Rs.71.34 a litre in Delhi, which is the capital city of India; Rs.75.74 a litre in Mumbai, which is the capital city of Maharashtra; Rs.75.39 a litre in Chennai, which is the capital city of Tamil Nadu; and Rs.74.19 a litre in Kolkata, which is the capital city of West Bengal.

    Sales tax or value-added tax differs from one state to another and thus, fuel prices will change. As far as metro cities are concerned, both diesel and petrol prices are cheaper in Delhi. Excise duty, which remains the same across the country, was Rs.19.48 on a litre of petrol. On the other hand, excise duty on diesel per litre was Rs.15.33 as of early September 2018. The recent increase in fuel prices can be largely credited to the increasing crude oil rates and a depreciated local currency. As per a report announced by Press Trust of India, the government is not ready to cut excise duty on diesel and petrol since it does not have enough fiscal scope.

    11 September 2018

Diesel Price In Metro Cities
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